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Capital Shopping Centres secures £525 mln. refinancing of Lakeside Shopping Centre (UK)

A consortium of 7 banks has advanced a new 7 year, £525 million (aaprox. €603 mln.) loan facility to refinance the Lakeside Shopping Centre, Thurrock. Lakeside is owned and managed by Capital Shoppi ...

Arab investors to pounce on prime London real estate (UK)

Local knowledge is key for equity rich Arabs as market dynamics boost office prices and capital gains according to Asteco's fourth quarter report, Asteco Savills Research Q4 2009, on the UK property m ...

European retailers discuss recovery and sustainability (BE)

The European Retail Round Table (ERRT) held its annual policy debate in Brussels. This year's event concentrated on the topic of "Retail and the Recovery" but included a focus on sustainability issues ...

Multi Development granted €98.475 million loan for building Nová Karolina Shopping Center (CZ)

A syndicate of banks comprised of Ceska Sporitelna, ÈSOB, HYPO Investmentbank, and KBC Bank provided a syndicated loan of €98.475 million (approx. CZK. 2.58 billion) for the construction of the Novà ...

Government must send a clear signal on energy efficiency to property sector (UK)

The UK Green Building Council today (Friday) urged government to phase out the least energy efficient buildings by 2020 and to roll out Display Energy Certificates (DECs), which give an A-G rating on ...

Shopping Centers rewarded for setting good example (EU)

The International Council of Shopping Centers (ICSC) is calling for entries for the 2010 European Community Support Award, worth $5,000. Established in 2008 by The ICSC Foundation, the charitable arm ...

Prime Yields Under Downward Pressure Across Europe (EU)

Widespread falls in prime yields were seen across the main European real estate markets in the final quarter of 2009, according to the latest data from CB Richard Ellis. Almost none of the locations c ...

Arab Investments acquires Sankt Annen Galerie in Brandenburg an der Havel for €53 million (DE)

For its second German fund Arab Investments Ltd. London has acquired Sankt Annen Galerie in Brandenburg an der Havel from HGHI Berlin - High Gain House Investments GmbH - for approximately €53 millio ...

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